Compliance Specialist

Continental General • Austin, TX

11d • Hybrid

About The Position

The Compliance Specialist will focus on privacy issues while also supporting compliance efforts generally, with a growing focus on the Company’s new products and new third party administrator duties. Continental General has provided insurance, including life and long-term care policies, to individuals and groups for over 30 years, and currently supports over 200,000 policyholders. Both our insurance company, Continental General Insurance Company, and our third-party administrator, Continental General Services, are committed to the continuous development of our infrastructure, processes, and people. The group is actively growing through expansion of both its insurance portfolio and its administrative services. With each opportunity, we take a collaborative approach to address challenges and provide unique solutions.

Requirements

• Bachelor’s degree or equivalent years of education and experience required.
• 5 or more years of insurance privacy experience and legal research experience in a compliance role.
• Strong understanding of insurance principles, products (life, LTC), and regulatory environment.
• Excellent analytical, problem-solving, and project management skills.
• Effective communication and presentation abilities, with the capacity to explain complex concepts to varied audiences.
• Ability to work collaboratively in a fast-paced, team-oriented environment.

Responsibilities

• Support the Company’s compliance efforts, with a focus on privacy and new product compliance.
• Have an understanding of GLBA, HIPAA, FCRA, and similar laws, with capability to conduct research and determine applicable and pertinent laws, statutes, and regulations
• Conduct a thorough investigation to uncover the facts and circumstances surrounding any potential breach of privacy.
• Research HIPAA breach reporting requirements, state breach notification laws, and information security standards to ensure regulatory compliance.
• Ensure effective maintenance and implementation of the Company’s and partners’ privacy notices and oversee the implementation of new or revised notices.
• Coordinate with relevant stakeholders to ensure accuracy and timely reporting of updated privacy notices
• Update privacy forms as applicable.
• Collaborate with internal teams to ensure new products are designed to comply with regulatory standards.
• Attend product design, development, and implementation meetings.
• Assist with identifying and implementing updates to legal and compliance policies and procedures that are impacted by new products.
• Research and analyze state specific regulations and legislation impacting the Company.
• Assist with insurance producer compliance issues.
• Proactively conduct research on emerging legal issues to provide legal and compliance support to business teams.
• Manage execution of legal and compliance support for the onboarding of new third-party administrator clients to help ensure that legal and compliance obligations to clients and regulatory reporting are identified and implemented.
• Generally support Company-wide compliance efforts.

Benefits

• Competitive Salary & Target Bonus Program
• Retirement Savings – 401(k) with a company match
• Comprehensive Medical insurance through BlueCross BlueShield of Texas.
• Company-paid dental, vision, short-term & long-term disability, and life insurance.
• 20+ days of PTO
• 10 paid holidays
• Paid volunteer time off.
• Hybrid opportunity
• Wellness programs
• Weekly paid lunch for onsite staff.
• Health Savings Accounts (HSA) & Flexible Spending Accounts (FSAs) – Includes a company match for HSAs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level